Christine Boone is an employee at Americamp Vehicles. She earns a salary of $34,750 annually, paid biweekly. She contributes to the following fringe benefits and other deductions:
• Medical insurance, $80 per pay period
• Dental insurance, $15 per pay period
• 401(k), 5% of gross pay
• Union dues, $100 per month
• Additional withholding, $75 per month
What is the total annual amount of Christine’s fringe benefits and other deductions?
What will be an ideal response?
$6,307.50 calculated as:
• Medical insurance, $80 x 26 = $2,080
• Dental insurance, $15 x 26 = $390
• 401(k), $34,750 x 5% = $1,737.50
• Union dues, $100 x 12 = $1,200
• Additional withholding, $75 x 12 = $900
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